Active

108 Gm Lane

San Marcos, TX 78666

$360,000 $1,517/Mo

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Overview

Bed

Bath

1,992

Sqft

0.52

Acre(Lot)

Description

Turnkey investment opportunity in one of Central Texas’ fastest-growing markets. Located in a welcoming and well-established community in San Marcos, this extremely well-maintained duplex offers the perfect blend of immediate income potential and long-term upside. Built in 2007, both units feature 3 bedrooms and 2 bathrooms, thoughtfully designed layouts, and hard surface flooring throughout for durability and easy maintenance. Each unit enjoys its own private, fully fenced backyard, creating added appeal for tenants seeking space, privacy, and a more residential feel—an increasingly sought-after feature in today’s rental market. From an investment standpoint, this property checks all the boxes. Unit A is currently leased, providing immediate income, while Unit B is vacant, offering flexib ility for an owner-occupant, house-hacker, or the ability to lease at current market rates. The location further enhances its value. Just minutes from the San Marcos River, I-35, Downtown San Marcos, and nearby Martindale, residents enjoy quick access to recreation, dining, shopping, and major commuting routes—making this an attractive option for a wide range of tenants. Whether you're an investor looking to expand your portfolio or a buyer seeking a smart way to offset your mortgage, this property presents a rare opportunity to secure a well-kept duplex in a high-demand area. This is more than just a duplex—it’s a strategic investment in growth, flexibility, and long-term value.

Property Details

Property Type : ResidentialIncome

Price : $360,000

AD Id : 76922337

MLS Id : 4758551

Beds : 6

Lot Size : 0.52 Acre

Living Area Size : 1,992

Year Built : 2007

County : Guadalupe

Subdivision: Punta Gorda Isles Sec 12

Map

What's Nearby

Nearby Areas

Features

Interior Features

CeilingFans, MainLevelPrimary, RecessedLighting, Storage

Roof: Composition

Appliances: Microwave, Range, Refrigerator

Laundry Features: InKitchen
Heating & Cooling

Heating: Central Has Cooling: Yes

Building Information

Year Built: 2007

Construction Materials: WoodSiding

Stories: 1

Private Pool: No

Water front Features: None

View: Neighborhood
Exterior Features

Exterior Features: PrivateYard

Lot Information

Main Square Feet: 0.524 Lot Size Acres: 0.524 Lot Description: BackYard,FrontYard

Property Information

Subdivision: B & G Fulcher Surv A-21 Source Property Type: ResidentialIncome Property SubType: Duplex Direction Faces: Northwest Levels: One Property Age: 19

Listing Price Information

Listing Price: $360000

Cash, Conventional

Tax Information

Parcel Number: 2G0021000003920000 Tax Lot: 0 Tax Year: 2025 Annual Tax: $5208.82 Tax Legal Desc: ABS: 21 SUR: B & G FULCHER 0.5240 AC.

Virtual Tour

Virtual Tour (External Link)

Parking Information

AttachedCarport, Carport

Garage Information

Pets Allowed: Negotiable

School Information

Elementary School: Bowie Junior High School: Goodnight Senior High School: San Marcos
Utility Information

ElectricityConnected, SeeRemarks, WaterConnected
Location Information

Direction: Head south in I-35, exit 210 Yarrington Rd. Turn left to take FM 110 and and follow to FM 621 South to Gm Ln in Redwood. Left onto GM Ln, house is on the right. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1011 Hackberry Street #AB, San Marcos, TX, 78666	$355,000	4	2	1,300	1,300 SqFt
636 Mill Street, San Marcos, TX, 78666	$359,000	4	2	1,728	1,728 SqFt
1414-1420 River Road, San Marcos, TX, 78666	$689,900	12	12	4,640	4,640 SqFt
313 Mill Street, San Marcos, TX, 78666	$1,760,000	8	12	1,710	1,710 SqFt
1311 Barbara Drive, San Marcos, TX, 78666	$310,000	4	4	2,190	2,190 SqFt
1309 Barbara Drive, San Marcos, TX, 78666	$294,900	4	4	2,190	2,190 SqFt
1101/1103 Haynes Street, San Marcos, TX, 78666	$366,300	6	2	1,473	1,473 SqFt
1026 Haynes Street #28, San Marcos, TX, 78666	$324,900	5	2	1,497	1,497 SqFt
1026 Haynes Street #28, San Marcos, TX, 78666	$324,900	5	2	1,497	1,497 SqFt
1026 Haynes, San Marcos, TX, 78666	$324,900	--	--	1,497	1,497 SqFt

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ByOwner last updated this listing 06/09/2026 @ 20:04

MLS: 4758551 LISTED BY: Clay Byrne, Keller Williams Realty 512-448-4111 SOURCE: ACTRIS